Funding you earn now, next payment 23:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h +0.091%
Price spread now: edgeX against Kraken Futures−0.129%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days+0.463%+$46 on $10k
+Price spread, last 3 days (all we have)+0.251%+$25 · spread now −0.129%, 7d avg −0.125%
=Together, before fees+0.714%+ Points / potential airdropedgeX: Active · farm board+$71 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.463%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ICPUSD | 2.9984 | 0.0223 | pay 0.0028% / 1h | 28m 32s | $488K | $525K | 50x |
| Short | edgeX ICPUSDC | 2.9946 | 0.0100 | get 0.0050% / 4h | 1h 28m | $23K | $279K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.83
- Price spread: −0.129% → −0.125%
- −$0.34
- Slippage, 4 orders
- −$72.44
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$117.61
- Costs to cover
- 0.914%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 54 min ago; edgeX: live order book, 54 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 54 min ago | 8.36 bp | 41.6 bp −$42 | 125.0 bp −$1,250 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 54 min ago | 8.37 bp | 12.9 bp −$13 | 27.3 bp −$273 | doesn't fit | doesn't fit |
ICP on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1364% | 8h | 2.9790 | −0.649% | $1.7M | $774K | 50x | as long as short |
| Variational Omni ICP | −0.0178% | 8h | 2.9901 | −0.278% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.066% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0083% | 8h | 2.9950 | −0.115% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9973 | −0.038% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9969 | −0.052% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9955 | −0.100% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0094% | 8h | 2.9940 | −0.148% | $17.4M | $17.9M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0021 | +0.122% | $166K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9989 | +0.015% | $201K | $1.4M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9976 | −0.027% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9977 | −0.026% | $29.9M | $49.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9960 | −0.082% | $5.9M | $16.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9970 | −0.048% | $19.0M | $8.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9970 | −0.048% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9970 | −0.048% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.082% | — | $4.9M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 2.9946 | −0.129% | $23K | $279K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9902 | −0.274% | $572K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9970 | −0.048% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9890 | −0.315% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9966 | −0.062% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9910 | −0.248% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSDlong | +0.0223% | 1h | 2.9984 | long leg | $488K | $525K | 50x | |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9980 | −0.015% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 2.9954 | −0.100% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0669% | 1h | 3.0044 | +0.198% | $4.8M | $5.0M | 5x | as long as short |
Kraken Futures PF_ICPUSD
edgeX ICPUSDC
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP